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Traveling for healthcare, but not that far

NEW YORK - For Jim Kucera, the pain was just getting worse. The salesman from New Hope, Minnesota, needed a hip replacement urgently, but the cost of treatment would also be painful: Lacking health insurance, he would have to pay out of pocket.

Recent Money News

Supreme Court to hear law firm appeals in Allen Stanford case

- The Supreme Court on Friday accepted appeals by law firms that once represented convicted swindler Allen Stanford and were trying to avoid lawsuits by victims seeking to recoup losses from his $7 billion Ponzi scheme.

Five red flags for municipal bond investors: Wasik

CHICAGO - There is a bubble forming in the municipal bond market, and millions of investors could be impacted if it bursts.

Clients' top worry: lingering dysfunction in DC

- Dysfunction in Washington is the top concern for wealthy investors, trumping fears about their ability to retire and the economy overall.

Relaxed Coeure halts LTRO-related rise in rates

LONDON - The recent spike in short-term money market rates came to a halt on Friday after a top European Central Bank policymaker played down the chance of banks repaying a massive chunk of their LTRO cash this month.

Fed missed warning signs in 2007 as crisis gained steam

WASHINGTON - Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the U.S. economy as they ultimately did.

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